Ukur Yattani

15 Articles
An M-Pesa agent. Launched 15 years ago, M-Pesa has become a key feature of the Kenyan economy. [Photo/ Techweez]
BUSINESSECONOMY

Push to Slash M-Pesa Charges Gathers Steam

The push to reduce M-Pesa transaction fees continues to gather steam, with the National Treasury becoming the latest entity to add its voice...

A Kenya Airways plane. [Photo/ Courtesy]
BUSINESS

Govt Lines Up Ksh146B Kenya Airways Bailout

Documents made public by the International Monetary Fund (IMF) on Thursday, December 23 have offered insight into the State's plan for beleaguered national...

it is expected that the exchequer revenue will rise from Kshs.1.76 trillion in 2021/22 to Kshs. 2.5 trillion in 2023/24.
ECONOMY

KRA to Collect Ksh6.8 Trillion in Next Three Years

Kenya Revenue Authority (KRA) is estimated to collect Kshs. 6.8 trillion over the period 2021/22 to 2023/2024 financial years. According to KRA, through its 8th Corporate Plan whose theme is Revenue mobilisation through tax...

Cabinet Secretary Ukur Yattani pictured with the budget briefcase on June 10, 2021. Kenya's first Eurobond issue in two years was oversubscribed, with the Treasury terming it a sign of investor confidence in the country's economic recovery plan supported by the International Monetary Fund (IMF). [Photo/ National Treasury]
ECONOMYMARKETS

Kenya Raises Ksh108 Billion in Fresh Eurobond, Eyes More Debt

Amid mounting public pressure over the rising public debt levels, the National Treasury on Thursday, June 17 announced that it had successfully raised...

If the excise duty is reinstated, betting firms in Kenya are likely to report lower revenues. The government has maintained its stance on mitigating negative societal effects of sports betting through taxation and enhanced regulation.[Photo: YogoNet]
BUSINESSECONOMY

Return of 20% Betting Tax Spells Doom for Big Players

The Cabinet Secretary Ukur Yattani-led National Treasury is seeking to re-introduce excise duty on betting, charged at the rate of 20% of the...

Notes in a wallet. Many Kenyans turned to entrepreneurship following the onset of the Covid-19 pandemic.
FEATURED ARTICLE

Higher Taxes Pile on Kenyans’ 2021 Woes as Govt Plots Ksh3 Trillion Budget

Treasury Cabinet Secretary Ukur Yatani on Monday, January 25, released the 2021 Budget Policy Statement (BPS). The 2021/22 budget totals Sh3.02 trillion, representing...

Times Tower, the KRA headquarters in Nairobi.
FEATURED ARTICLE

National Treasury Reinstates Pre-Covid Tax Rates Effective January

Treasury Cabinet Secretary Ukur Yattani on Friday, December 4 confirmed that pre-pandemic tax rates would take effect on January 1, 2021. Those earning...

Kenyans pictured walking in Nairobi
ECONOMY

Workers to Save Ksh1,000 as Tax Relief Withdrawal Looms

When the government withdraws tax relief measures meant to cushion individuals and households during the Covid-19 pandemic, in January 2021, salaried workers can...

Kenya Revenue Authority headquarters at Times Tower Nairobi.
FEATURED ARTICLE

Government Signs International Treaty to Deal with Kenyan Tax Evaders

The government through the National Treasury Acting Cabinet Secretary Ukur Yatani has signed a crucial continental declaration treaty that will see illicit financial...